Peugeot Faces Exit From Blue Chip French Index

8/22/2012 7:53AM

French auto maker Peugeot Citroën is in danger of being kicked out of the CAC-40 index of blue-chip French stocks due to the collapse in its share price. Dow Jones's David Pearson reports. Photo: Getty Images

This transcript has been automatically generated and may not be 100% accurate.

I ... the it ... it's the E four G the company is the key ... to the stock Exchange's index ... of blue ... chip companies ... will see ... I did today I spoke to Dave has the eyes ... of the wife of over a new ... when we returned to the ... been decided yet ... we use them to ... share price has been to a collapse the last ... twelve months ... the fifty seven percent ... um ... the company is ... going to severe ... financial problems ... it's going to cash a decree to move on to ... during ... the ... month ... um and ... that is because of the stock is basically just an image of favor with investors ... the Byzantines the lies ... so it's ... it's about ... well ... I use the other car companies that are suffering from weak European market its ... European market ... something like eighty percent this year ... Newsweek last years well ... um ... but that said ... as a sort of ... special ... circumstance and that ... its kinda interesting that you should do more marketing in China ... the show ... um and that ... this investment costs was ... I'm studying lower on the New ... York ... unfortunately ... materialized in Seoul ... the ... pre much of the euro ... its last Kostin confronts cells ... it's ... not ... on ... his assault on since the mid to late ... should this will mean going to take a warm tone ... recipients for it ... tomorrow ... I don't think it's going to the ... biking shall we say ... Choi who dreamed ... of working ... um ... but don't delay in the future ... getting one of eight thousand job ... to stop production of one of the Assembly aunts ... I've that they don't grow very tall ... restructuring ... but it will take some time ... to show up ... financial results ... since it has stood ... since ... eighteen ... ninety seven is is is that damaging he's the ... machine development will Wall was one of us being ... twenty five years has been you know what ... to name ... chips talks ... I ... the problem is that its market capitalization ... has just been ... going on ... um it's not something like two point four billion ... euros which makes it ... with the intent is to be ... the ... so called scientific committee ... gets together in September ... to review ... gets into the major leagues ... and it's ... gone ... but the United States ... or will certainly be more of a bloke ... in terms of image I think the ... image ... financial consequences today it ... was likely to be built each piece of it this ... is the isthe is one one out ... Tarullo yellow ... speaking to ... say that ... but one of the main candidates would be of the village and ... chemicals company console ... when asked why you ... shouldn't go into the company ... well it's a ... so anything you find ... interesting phones ... they too have substantial French interests you ... to thank the much indeed ... but ...